Small Cap Growth Fund Quote
ANONX Fund | USD 20.29 0.06 0.29% |
Performance3 of 100
| Odds Of DistressLess than 22
|
Small Cap is trading at 20.29 as of the 13th of May 2024; that is -0.29% down since the beginning of the trading day. The fund's open price was 20.35. Small Cap has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Small Cap Growth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of May 2022 and ending today, the 13th of May 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in small cap companies. American Century is traded on NASDAQ Exchange in the United States. More on Small Cap Growth
Moving together with Small Mutual Fund
0.75 | VSGAX | Vanguard Small Cap | PairCorr |
0.75 | VSGIX | Vanguard Small Cap | PairCorr |
0.75 | VISGX | Vanguard Small Cap | PairCorr |
0.75 | VEXPX | Vanguard Explorer | PairCorr |
0.75 | VEXRX | Vanguard Explorer | PairCorr |
0.76 | JGMIX | Janus Triton | PairCorr |
0.77 | JGMRX | Janus Triton | PairCorr |
Moving against Small Mutual Fund
0.53 | PQTAX | Pimco Trends Managed | PairCorr |
0.53 | PQTIX | Aa Pimco Tr | PairCorr |
0.53 | PQTNX | Pimco Trends Managed | PairCorr |
0.47 | GSMHX | Gmo Sgm Major | PairCorr |
0.47 | GSMFX | Gmo Sgm Major | PairCorr |
0.45 | GPMFX | Guidepath Managed Futures | PairCorr |
Small Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Small Cap's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Small Cap or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | Small Growth, American Century Investments, Large, Small Growth (View all Sectors) |
Update Date | 31st of March 2024 |
Expense Ratio Date | 1st of March 2023 |
Fiscal Year End | October |
Small Cap Growth [ANONX] is traded in USA and was established 13th of May 2024. The fund is listed under Small Growth category and is part of American Century Investments family. This fund presently has accumulated 2.56 B in assets under management (AUM) with no minimum investment requirementsSmall Cap Growth is currently producing year-to-date (YTD) return of 3.97%, while the total return for the last 3 years was -2.49%.
Check Small Cap Probability Of Bankruptcy
Instrument Allocation
Top Small Cap Growth Mutual Fund Constituents
NATI | National Instruments | Stock | Information Technology |
WWE | World Wrestling Entertainment | Stock | Communication Services |
BLD | Topbuild Corp | Stock | Consumer Discretionary |
ICUI | ICU Medical | Stock | Health Care |
SPT | Sprout Social | Stock | Information Technology |
GVA | Granite Construction Incorporated | Stock | Industrials |
NTB | Bank of NT | Stock | Financials |
Small Cap Target Price Odds Analysis
Based on a normal probability distribution, the odds of Small Cap jumping above the current price in 90 days from now is about 47.28%. The Small Cap Growth probability density function shows the probability of Small Cap mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Small Cap has a beta of 0.132. This suggests as returns on the market go up, Small Cap average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Small Cap Growth will be expected to be much smaller as well. Additionally, small Cap Growth has an alpha of 0.0238, implying that it can generate a 0.0238 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Small Cap to move above the current price in 90 days from now is about 47.28 (This Small Cap Growth probability density function shows the probability of Small Mutual Fund to fall within a particular range of prices over 90 days) .
Small Cap Growth Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Small Cap market risk premium is the additional return an investor will receive from holding Small Cap long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Small Cap. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Small Cap's alpha and beta are two of the key measurements used to evaluate Small Cap's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.8531 | |||
Semi Deviation | 1.01 | |||
Standard Deviation | 1.05 | |||
Variance | 1.1 |
Small Cap Against Markets
Picking the right benchmark for Small Cap mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Small Cap mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Small Cap is critical whether you are bullish or bearish towards Small Cap Growth at a given time. Please also check how Small Cap's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Small Cap without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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How to buy Small Mutual Fund?
Before investing in Small Cap, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Small Cap. To buy Small Cap fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Small Cap. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Small Cap fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Small Cap Growth fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Small Cap Growth fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Small Cap Growth, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Small Cap Growth?
The danger of trading Small Cap Growth is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Small Cap is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Small Cap. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Small Cap Growth is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Small Cap Growth. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.